D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SCHW
Charles Schwab
SCHW
|
+$602M |
| 2 |
Booking.com
BKNG
|
+$582M |
| 3 |
Walmart Inc
WMT
|
+$407M |
| 4 |
Visa
V
|
+$395M |
| 5 |
Johnson & Johnson
JNJ
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$483M |
| 2 |
Salesforce
CRM
|
+$380M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$364M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$336M |
| 5 |
Colgate-Palmolive
CL
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.47% |
| 2 | Consumer Discretionary | 9.17% |
| 3 | Healthcare | 8.57% |
| 4 | Financials | 7.92% |
| 5 | Industrials | 4.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
Simmons First National
SFNC
$3.32B
| $626K | ﹤0.01% |
35,811
-37,656
| -51% | -$799K |
|
3302
AMC Entertainment Holdings
AMC
$2.24B
| $624K | ﹤0.01% |
12,452
-4,245
| -25% | -$225K |
|
3303
CALL
TORM
TRMD
$3.05B
| $623K | ﹤0.01% |
+20,000
| New | +$609K |
|
3304
Victory Capital Holdings
VCTR
$6.23B
| $622K | ﹤0.01% |
21,261
-14,998
| -41% | -$456K |
|
|
CLVT.PRA
3305
DELISTED
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
| $622K | ﹤0.01% |
15,000
-75,000
| -83% | -$3.38M |
|
|
VTNR
3306
DELISTED
Vertex Energy, Inc
VTNR
| $621K | ﹤0.01% |
+62,895
| New | +$499K |
|
|
JHG
3307
DELISTED
Janus Henderson
JHG
| $621K | ﹤0.01% |
23,314
-131,279
| -85% | -$3.5M |
|
3308
Tetra Tech
TTEK
$8.28B
| $621K | ﹤0.01% |
21,135
-14,790
| -41% | -$427K |
|
|
TXNM
3309
TXNM Energy Inc
TXNM
$6.44B
| $618K | ﹤0.01% |
12,700
-10,279
| -45% | -$504K |
|
|
AMRN
3310
Amarin Corp
AMRN
$290M
| $616K | ﹤0.01% |
20,534
-40,925
| -67% | -$1.44M |
|
3311
Crown Holdings
CCK
$12.9B
| $616K | ﹤0.01% |
7,444
+4,453
| +149% | +$377K |
|
|
ZEV
3312
DELISTED
Lightning eMotors, Inc.
ZEV
| $615K | ﹤0.01% |
+107,375
| New | +$1.25M |
|
|
STKL
3313
DELISTED
SunOpta
STKL
| $614K | ﹤0.01% |
80,000
-74,500
| -48% | -$596K |
|
3314
Atlanta Braves Holdings Series B
BATRK
$3.25B
| $613K | ﹤0.01% |
18,193
+958
| +6% | +$32.3K |
|
3315
Atlantic Union Bankshares
AUB
$5.98B
| $612K | ﹤0.01% |
17,461
-16,278
| -48% | -$602K |
|
3316
Rush Street Interactive
RSI
$3.26B
| $611K | ﹤0.01% |
196,535
-93,028
| -32% | -$357K |
|
3317
C4 Therapeutics
CCCC
$397M
| $610K | ﹤0.01% |
194,161
+108,200
| +126% | +$637K |
|
|
MRNS
3318
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $609K | ﹤0.01% |
+88,227
| New | +$553K |
|
3319
Acadia Realty Trust
AKR
$2.99B
| $608K | ﹤0.01% |
43,616
-3,323
| -7% | -$48.2K |
|
|
CMRX
3320
DELISTED
Chimerix, Inc.
CMRX
| $608K | ﹤0.01% |
482,303
-170,378
| -26% | -$278K |
|
3321
CALL
Fluence Energy
FLNC
$1.79B
| $608K | ﹤0.01% |
+30,000
| New | +$596K |
|
3322
Omega Healthcare
OHI
$15.3B
| $607K | ﹤0.01% |
22,149
+5,602
| +34% | +$156K |
|
3323
CALL
Bread Financial
BFH
$4.29B
| $606K | ﹤0.01% |
20,000
-4,100
| -17% | -$154K |
|
|
3324
PUT
Bread Financial
BFH
$4.29B
| $606K | ﹤0.01% |
20,000
-224,900
| -92% | -$8.42M |
|
3325
CALL
XPO
XPO
$24.4B
| $606K | ﹤0.01% |
19,000
-17,000
| -47% | -$612K |
|
Similar funds
D.E. Shaw & Co's Q1 2023 Portfolio in Review
As of Q1 2023, D.E. Shaw & Co held 5,246 positions worth $93.4B, up 3.2% from $90.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $9.17B in Q1 2023, closing 861 positions and reducing 1,787 holdings. Its most notable exit was SVB Financial Group, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in State Street Utilities Select Sector SPDR ETF worth $99.9M.
- D.E. Shaw & Co's largest Q1 2023 buy was State Street Utilities Select Sector SPDR ETF: 2,950,552 shares worth $99.9M.
- D.E. Shaw & Co added most to Charles Schwab in Q1 2023, an estimated $602M increase.
- D.E. Shaw & Co's biggest Q1 2023 reduction was Microsoft, cutting an estimated $483M.
- D.E. Shaw & Co fully exited SVB Financial Group in Q1 2023, selling an estimated $163M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $93.4B portfolio in Q1 2023.
- D.E. Shaw & Co opened 431 new positions and closed 861 in Q1 2023.
- D.E. Shaw & Co's portfolio value rose 3.2% quarter-over-quarter to $93.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2023, filed 15 May 2023.